Research Triangle Park, N.C. - Digitalsmiths, a provider of video indexing, analysis and publishing technology, announced on Monday that networking firm Cisco (NASD: CSCO) has invested an undisclosed sum in the company.

San Mateo, Calif. - BlackArrow, an independent provider of multiplatform ad management systems for viewer-controlled video, announced on Monday that is has secured $20 million in new funding.

Redwood City, Calif. - Amobee Media Systems, a provider of mobile ad delivery technology, announced on Wednesday that it has raised an undisclosed sum of new funding, from investors including Motorola (NYSE: MOT), Cisco Systems (NASD: CSCO), Telefonica, Vodafone, Accel Partners, Globespan and Sequoia Capital.

San Jose, Calif. - Networking giant Cisco (NASD: CSCO) announced on Tuesday its acquisition of Denmark-based DiviTech, a maker of equipment used by media broadcasters, cable and IPTV service providers to manage and deliver digital video programming.

Seattle - GridNetworks, a developer of peer-to-peer video distribution software, announced on Monday that it has raised $9.5 million in its first round of venture capital financing, led by Panorama Capital.

American Fork, Utah - Move Networks, a provider of HD online TV services, announced on Monday that it has landed a $46 million third round of financing, led by Benchmark Capital.

Seattle - GridNetworks, a provider of managed Internet TV delivery services, said on Tuesday that it has received an investment from Cisco Systems (NASD: CSCO) that will round out its first round of financing, led by Panorama Capital and announced in October, at $9.5 million.

New York - BlackArrow, a provider of multiplatform ad management for viewer-controlled video, has raised $12 million in its second round of venture capital financing.

New York - Viacom's mtvU college network and partner Cisco on Wednesday launched five online applications developed by college students as part of their Digital Incubator program, which provides up to $250,000 in grants each year to students' interactive projects. The winning projects include RapHappy (NYU), a mobile phone-based hip-hop community; Osiris (Brown), which creates music videos using lyrics and images pulled from Flickr; Casablanca (NYU), a mobile party game; Selectricity (M.I.T.), an online communal ranking technology; and How Do I Say This? (UCLA), a Web-based advice wiki.

Calabasas, Calif. - Emergent Game Technologies, a provider of video game development technologies, has raised $12 million in its fourth round of funding, co-led by Jerusalem Venture Partners and Worldview Technology Partners.

Petach Tikva, Israel - Oversi, a developer of peer-to-peer caching and content delivery technologies, announced that it has received an investment from Cisco as part of an extended $8 million second round of funding.

New York - Viacom's mtvU campus network and partner Cisco Systems on Monday announced the five student group recipients of $30,000 grants in their "Digital Incubator" program, aimed at "pioneering the next generation of digital applications and content." The projects include elements of social networking, mobile games, online interactivity, affinity-based websites and short-form broadband programming. Now in its second year, the program this year will encourage grant recipients to submit a detailed business plan and pitch MTV and Cisco executives for a supplemental grant of up to $100,000.